Ripple: If You Can Sue It, It’s Not Decentralized

Published on: Mar 14, 2018 - 5:48 AM

Source: Bitcoinist

Ripple Labs Inc. will not be able to settle its high-profile dispute with rival R3 Holdco in California. Instead, the obviously-not-decentralized cryptocurrency company will have to duke it out in the away territory of New York City. Clash of the Titans A San Francisco state appeals court has recently denied Ripple’s attempt to expedite an appeal which would resolve a lawsuit against R3 Holdco. Instead, the lawsuit will likely play out in a New York court — something Ripple is definitely not keen on, claiming the company would likely face “irreparable injury.” The battle between the …